Nuance Communications says NotPetya attack has cost it $98 million since June

Another U.S. software company has disclosed its losses due to the infamous NotPetya cyberattack. Nuance Communications — a U.S. computer software company that provides applications for speech and imaging to financial and healthcare companies — is claiming that the June 2017 attack cost the company $98 million in lost revenue. Nuance also said that its expecting more losses from the cyberattack this year. The Burlington, Massachusetts-based company disclosed information about its losses in a 10-Q filing with the Securities and Exchange Commission (SEC). In the filing, the company says the attack mainly affected healthcare companies using its software for transcription services and order processing. The company expects to lose more revenue this year when it enhances and upgrades its cybersecurity software, while still providing additional resources to its health companies. “For fiscal year 2017, we estimate that we lost approximately $68.0 million in revenues, primarily in our Healthcare segment, due to the service disruption […]

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Nuance Communications says NotPetya attack has cost it $98 million since June

Another U.S. software company has disclosed its losses due to the infamous NotPetya cyberattack. Nuance Communications — a U.S. computer software company that provides applications for speech and imaging to financial and healthcare companies — is claiming that the June 2017 attack cost the company $98 million in lost revenue. Nuance also said that its expecting more losses from the cyberattack this year. The Burlington, Massachusetts-based company disclosed information about its losses in a 10-Q filing with the Securities and Exchange Commission (SEC). In the filing, the company says the attack mainly affected healthcare companies using its software for transcription services and order processing. The company expects to lose more revenue this year when it enhances and upgrades its cybersecurity software, while still providing additional resources to its health companies. “For fiscal year 2017, we estimate that we lost approximately $68.0 million in revenues, primarily in our Healthcare segment, due to the service disruption […]

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Weekly Cyber Risk Roundup: Olympic Malware and Russian Cybercrime

More information was revealed this week about the Olympic Destroyer malware and how it was used to disrupt the availability of the Pyeonchang Olympic’s official website for a 12-hour period earlier this month. It appears that back in December, a … Continue reading Weekly Cyber Risk Roundup: Olympic Malware and Russian Cybercrime

UK government blames Russian military for infamous ‘NotPetya’ cyberattacks

The United Kingdom’s government is blaming the Russian military for a famous cyberattack that took place last June. This is now the second country to publicly recognize that NotPetya was carried out by Russia— Ukraine being the first. The National Cyber Security Centre (NCSC) conducted an assessment, saying that the purpose of the cyberattack was to disrupt Ukraine’s financial systems. The sophistication and planning of the attack required considerable resources and time, according to the NCSC. “The Kremlin has positioned Russia in direct opposition to the West: it doesn’t have to be that way.  We call upon Russia to be the responsible member of the international community it claims to be rather then secretly trying to undermine it,” Foreign Office Minister of State with responsibility for Cyber, Lord (Tariq) Ahmad of Wimbledon said in a NCSC statement. NotPetya, a destructive ransomware virus, infected thousands of computers used in financial, energy […]

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UK Government Publicly Attributes NotPetya Outbreak to Russia

UK government officials have publicly attributed the NotPetya malware attacks of June 2017 to actors in the Russian government. Foreign Office Minister Lord Ahmad made his thoughts known in a statement released on 15 February: The UK Government judges … Continue reading UK Government Publicly Attributes NotPetya Outbreak to Russia

NotPetya/GoldenEye back in the spotlight: UK officially points finger to Kremlin for June 2017 cyberattack

2017 has already gone down as the worst year on record from a cybersecurity standpoint. But the world is still not over the two infamous attacks deployed by hackers in May (WannaCry) and June (NotPetya/Goldeneye) of last year, which together dealt bill… Continue reading NotPetya/GoldenEye back in the spotlight: UK officially points finger to Kremlin for June 2017 cyberattack

Fileless WannaMine Cryptojacking Malware Using NSA Exploit

By Waqas
Forget WannaCry and welcome WannaMine, a fileless cryptojacking malware using
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NotPetya attack: Maersk reinstalled 45,000 PCs, 2,500 apps & 4,000 servers

By Waqas
On June 27th, 2017, a dangerous ransomware attack called Petya
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